{"product_id":"9783319725017","title":"Simple Models of Income Redistribution","description":"\u003ch1\u003eSimple Models of Income Redistribution\u003c\/h1\u003e \u003ch2\u003eSimonovits, András\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe rising role of intra- and intergenerational transfers (e.g. basic income, child benefit and public pensions) characterises modern economies, yet most models depicting these transfers are too sophisticated for a wider but mathematically trained audience. This book presents simple models to fill the gap. The author considers a benevolent government maximizing social welfare by anticipating citizens’ shortsighted reaction to the transfer rules. The resulting income redistribution is analyzed for low tax morale, strong labor disutility and heterogeneous life expectancy. Key issues that the book addresses include the socially optimal pension contribution rate, retirement age, and redistribution programs. The author concludes by removing some strong restrictions and introducing median voter, incomplete information and dynamic complications.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eThe book will be of value for graduate students and researchers interested in public economics, especially in public and private pensions.\u003cp\u003e\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Macmillan\u003c\/p\u003e \u003cp\u003ePublication Date: 2018-06-04\u003c\/p\u003e \u003cp\u003eFormat: Hardcover\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319725017\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-72502-4\u003c\/p\u003e \u003cp\u003eDimensions: 210cm x148cm\u003c\/p\u003e \u003cp\u003ePages: 292\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":47696242016396,"sku":"9783319725017","price":116.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319725017.jpg?v=1776777367","url":"https:\/\/lateknightbooks.com\/products\/9783319725017","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}